Piper Jaffray Companies (PJC) Tops Q4 EPS by 53c

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Piper Jaffray Companies Announces 2015 Fourth Quarter and Year-end Results

February 4, 2016 8:01 AM EST

MINNEAPOLIS--(BUSINESS WIRE)-- Piper Jaffray Companies (NYSE: PJC) today announced its financial results for the quarter and year ended December 31, 2015.

We achieved record revenues in 2015 led by the strength of our Investment Banking franchise

Financial Highlights

Adjusted net income(1) was $21.1 million, or $1.40 per diluted common share(1), in the fourth quarter of 2015, compared to $14.7 million, or $0.90 per diluted common share, in the fourth quarter of 2014, and $7.3 million, or $0.48 per diluted common share, in the third quarter of 2015.... More